Further Advance
Our Pivot: 245
Our Preference: Start buying Searl above 250.00 and average it out till 249.00 with strict stop loss of 245.00 and profit target at 257 with extension towards 260.
Alternate Scenario: Downward penetration of 245 will call for 241 and 237.
NOTE: SEARL have completed its correction on daily chart, mean while a breakout of descending wedge have taken place in bullish direction on hourly chart.
Hourly chart with supports & resistances:
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